Socio-economic drivers - GEM-E3 - Revision history

Leonidas Paroussos at 08:18, 24 October 2016

2016-10-24T08:18:48Z

← Older revision		Revision as of 10:18, 24 October 2016
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	The main drivers of growth in the GEM-E3 model are:		The main drivers of growth in the GEM-E3 model are:

	- Population growth		- Population growth

	- Technical progress		- Technical progress
	- Capital accumulation
			- Capital accumulation.

	In the GEM-E3 model total population and active population growth rates are set exogenously. The model computes endogenously unemployment rates for skilled and unskilled labour.		In the GEM-E3 model total population and active population growth rates are set exogenously. The model computes endogenously unemployment rates for skilled and unskilled labour.
	Technical progress can be exogenous or endogenous based on learning by doing, learning by research functions.		Technical progress can be exogenous or endogenous based on learning by doing, learning by research functions.
	Investment decisions by firms are endogenous and are based on Tobin's q.		Investment decisions by firms are endogenous and are based on Tobin's q.

2016-10-21T15:40:34Z

← Older revision		Revision as of 17:40, 21 October 2016
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	- Capital accumulation		- Capital accumulation

	In the GEM-E3 model total population and active population growth rates are set ~~exogensously~~. The model computes endogenously unemployment rates for skilled and unskilled labour.		In the GEM-E3 model total population and active population growth rates are set exogenously. The model computes endogenously unemployment rates for skilled and unskilled labour.
	Technical progress can be exogenous or endogenous based on learning by doing, learning by research functions.		Technical progress can be exogenous or endogenous based on learning by doing, learning by research functions.
	Investment decisions by firms are endogenous and are based on ~~Tobins Q~~.		Investment decisions by firms are endogenous and are based on Tobin's q.

2016-10-21T15:39:33Z

← Older revision		Revision as of 17:39, 21 October 2016
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	\|DocumentationCategory=Socio-economic drivers		\|DocumentationCategory=Socio-economic drivers
	}}		}}
			The main drivers of growth in the GEM-E3 model are:
			- Population growth
			- Technical progress
			- Capital accumulation

			In the GEM-E3 model total population and active population growth rates are set exogensously. The model computes endogenously unemployment rates for skilled and unskilled labour.
			Technical progress can be exogenous or endogenous based on learning by doing, learning by research functions.
			Investment decisions by firms are endogenous and are based on Tobins Q.

2016-08-17T09:24:18Z

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Revision as of 11:24, 17 August 2016

2016-08-16T08:46:34Z

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